If You Could Exactly Afford Either 5 Units of X

question 54

Multiple Choice

If you could exactly afford either 5 units of x and 21 units of y, or 9 units of x and 5 units of y, then if you spent all of your income on y, how many units of y could you buy?

• A)57
• B)14
• C)25
• D)41
• E)None of the above.

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Definitions:

Receivables

Money owed to a business by its customers for goods or services that have been delivered but not yet paid for.

ACP

An acronym that needs specification to provide an accurate definition, as it can stand for many different things depending on the context.

Operating ROA

A profitability ratio that measures how efficiently a company utilizes its assets to generate operating income.

ROE

Return on Equity, a measure of financial performance calculated by dividing net income by shareholders' equity, indicating how effectively a company uses investments to generate profit.